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I am sure they were saying at one point that registered CC holders would get their balances transferred. Or maybe not.

In any case, they are sending out the new cards free. You don't have to worry about the $5 fee.

And your old cards will still work for a while. And I don't know if you want to be the guinea pig for this. People are complaining about buses that have defective Ventra Card readers and Tracy Swartz over at the Tribune has reported seeing gates that only rotate half way when you use your Ventra Card. She says it happened to her and others.

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Hmmm speaking of the Ventra readers, one thing I've noticed on the buses is if the operator isn't properly logged into the Clever Device unit the Ventra readers aren't turned on. I happened to realize that detail upon boarding N9 Ashland buses driven by one particular operator who's never logged into the Clever Device system when he's on layover either at Clark/Belle Plaine or North/Clark and waits to log back in a few blocks after turning back on to Ashland.